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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Mike Gold who wrote (4016)7/8/1998 2:35:00 PM
From: TomNY  Read Replies (3) | Respond to of 25548
 
Mike, I think we need to keep in mind that MDIN's value is in owning valuable properties that others are interested in, as you mentioned. The more they discover, like these two new veins, the better.

Now I could be wrong, but all these releases only make sense when seen in that light. Otherwise why even bother releasing any news? I think we've all seen that these releases do nothing for the price of the stock, so who benefits from that standpoint?

Like we've both said, gold in the ground has no value unless someone, not necessarily the owner, is willing to dig it up. Who will that someone be here? That remains to be seen. Sure, a little production by now was expected, but as long as they own golden properties, we're got something to look forward to. Hopefully before I grow old.